HMRC has launched nearly 13,000 fraud investigations into alleged abuse of the government’s coronavirus (COVID-19) financial support schemes. A freedom of information request revealed that,
UK businesses face a ‘perfect storm’ of factors causing staff shortages, the Confederation of British Industry (CBI) has warned. The CBI highlighted issues ranging from
Three schemes will be launched on 1 July to deal with VAT on business-to-consumer supplies of goods and services to EU customers. They are known
The British Chambers of Commerce (BCC) has welcomed the introduction of flexible season tickets for rail commuters but says more change is needed. The government
The number of cash payments made in the UK fell by 35% during 2020, according to the latest figures from banking trade body UK Finance.
Despite the delay on the lifting of all lockdown restrictions for another month, the UK economy is set to bounce back to its pre-COVID level
The first ever UK Infrastructure Bank has opened for business with the aim of investing in sectors such as clean energy and transport. The bank
The first supplementary delayed declarations on imports of non-controlled goods from the EU are due from 25 June 2021, HMRC has reminded businesses. Businesses that
The government is to extend the ban on commercial evictions introduced during the coronavirus (COVID-19) pandemic until March 2022, the Treasury has confirmed. Chief Secretary
More than 282,000 working families used a Tax-Free Childcare (TFC) account during March, according to figures from HMRC. HMRC said that it is the highest
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